Private Advisory Group LLC Acquires New Position in iShares Silver Trust (NYSEARCA:SLV)

Private Advisory Group LLC acquired a new stake in shares of iShares Silver Trust (NYSEARCA:SLV) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 9,301 shares of the exchange traded fund’s stock, valued at approximately $247,000.

Other large investors also recently bought and sold shares of the company. Foundations Investment Advisors LLC boosted its holdings in shares of iShares Silver Trust by 0.6% in the 4th quarter. Foundations Investment Advisors LLC now owns 315,432 shares of the exchange traded fund’s stock valued at $6,690,000 after buying an additional 1,956 shares during the period. D.A. Davidson & CO. raised its position in shares of iShares Silver Trust by 0.9% during the 4th quarter. D.A. Davidson & CO. now owns 91,517 shares of the exchange traded fund’s stock worth $1,993,000 after purchasing an additional 788 shares during the period. Sovereign Financial Group Inc. bought a new stake in shares of iShares Silver Trust in the 1st quarter worth approximately $325,000. Scarborough Advisors LLC acquired a new position in iShares Silver Trust during the 4th quarter valued at approximately $148,000. Finally, Commerce Bank grew its stake in iShares Silver Trust by 3.5% during the 4th quarter. Commerce Bank now owns 31,000 shares of the exchange traded fund’s stock worth $675,000 after buying an additional 1,055 shares during the last quarter.

iShares Silver Trust Stock Up 1.1 %

NYSEARCA SLV traded up $0.30 during trading hours on Friday, hitting $26.69. The company had a trading volume of 1,615,382 shares, compared to its average volume of 22,883,529. The firm has a market cap of $12.53 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $18.97 and a fifty-two week high of $29.56. The business has a fifty day simple moving average of $26.65 and a 200-day simple moving average of $25.10.

iShares Silver Trust Profile

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.